Kuwait Moves 4Mn B/D 2020 Crude Target Back To 2030
By Nick Wilson in Bahrain
Kuwait has enough oil reserves to produce 4mn b/d by 2030, state-owned Kuwait Oil Company (KOC) chief Sami al-Rushaid said at the Middle East Oil and Gas Show and Conference in Bahrain on 10 March. This suggests KOC has pushed back its long-standing target of 4mn b/d from the previous target date of 2020. He later told Kuwait’s state-owned news agency KUNA that KOC...